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500 Riverside Dr E #255, 
Austin, TX 78704

$405,000


2

Beds


1

Bath


812

Sq Ft


Condo


Virtual Tour

Active

Listed by

Tanya Alvarez

Compass Re Texas, LLC.

512-575-3644

Last updated:

May 14, 2025, 11:12 AM

MLS#

6926841

Source:

ACTRIS

About This Home

500 Riverside Dr E #255

Situated just steps from Lady Bird Lake and just minutes from all that Downtown Austin and SOCO offer, this well-appointed 2 bedroom, 1 bath condo offers unbeatable access to Austin’s beloved Ann and Roy Butler hike-and-bike trails that include 10 miles of trails perfect for biking, running, walking, and playing as well as water access to the lake via private boat dock, perfect for SUP and other water activities! This property is a short walk to vibrant cultural hotspots such as shopping and dining on South Congress, the infamous Zilker Park which hosts events such as ACL, the trail of lights, the kite festival, and more! This property is also steps away from a planned future light rail which will connect various of the city including north, south, and east Austin.—making it both a tranquil retreat and commuter's dream! Enjoy gated community living for extra security along with top-tier amenities: two sparkling pools (one with lake views), lakeside picnic areas, an on-site dog park, and seamless Google Fiber connectivity. Commuters will love the convenience of bus routes 486 and 483 at your doorstep. Lovingly maintained, the unit features wood floors throughout, an updated kitchen including countertops, cabinets, and stainless appliances, a private balcony off both bedrooms, perfect for peaceful morning coffee overlooking a quiet, tree-shaded courtyard. You'll find custom Elfa shelving in the spacious walk-in closet in the primary bedroom, two assigned parking spaces (one covered), and peace of mind with a new AC compressor and electrical upgrade completed less than a year ago. This property has delivered consistent rental income for nearly two decades, attracting professionals and grad students alike. Rental history is available upon request. Whether you're looking to live in the heart of it all or make a strategic investment, this East Riverside gem checks every box.

Home Facts

Condo

1 Bath

2 Bedrooms

Built in 1971

Price Summary

405,000

$498 per Sq. Ft.

MLS #:

6926841

Last Updated:

May 14, 2025, 11:12 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

812 Sq. Ft.


Structure

Structure

Building Area:

812 Sq. Ft.

Year Built:

1971


Finances & Disclosures

Finances

Price:

$405,000

Price per Sq. Ft:

$498 per Sq. Ft.

Source:ACTRIS
Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.